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Transcripts For CNBC Worldwide Exchange 20120301

lawmakers may press him on the issue again today. and stock warnings about the year ahead. conditions in the food retail industry are challenging. it sees job growth slowing. welcome to today s program. with christine and myself, ross westgate, pmi 49. it was 49 on the flash, confirmed a slight uptick. slightly weaker. the new order index 47.3. the manufacturing sector contracting for the seventh straight month in february. factories struggling under some of the toughest conditions on record. this survey is confirming this morning. and whether the eurozone as a whole is back in recession the first quarter is uncertain according to the data provided by the market. euro/dollar, nevertheless, has just rebounded slightly. the euro/dollar got to 1.3486 and then we lost about a full euro on bernanke speaking. data in china as well, christine. we do, indeed, ross. while you talk about contraction, china s factories picking up speed by more than what economists predicted in teb

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